Bought with Signature Homes Real Estate Group, LLC
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Key Details
Sold Price $905,000
Property Type Multi-Family
Listing Status Sold
Square Footage 4,863 sqft
MLS Listing ID 1605418
Sold Date 11/04/24
Style Multi-Level,New Englander
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 4,863
Originating Board Maine Listings
Year Built 1937
Annual Tax Amount $7,459
Tax Year 2023
Lot Size 7,840 Sqft
Acres 0.18
Property Description
Step into timeless charm with this 4-unit, built in 1937. Offering classic turn-of-the-century features, this gem is a rare find for investors and homeowners alike. Each of the four units boasts the warmth of wood flooring throughout and the elegance of detailed woodworking. Two cozy fireplaces (currently non-functional) add a nod to the past, enhancing the character of this historic building.
Two of the units are spacious 3-bedroom layouts, while the remaining two provide ample living space with 4 bedrooms each, ideal for families or those needing room for a home office or two. Three of the units feature private decks, perfect for enjoying Maine's serene summer evenings, while all units include their own washer and dryer hook-ups for added convenience.
Despite the current under-market rents, projected market rents make this property a fantastic opportunity for increased income potential. Whether you're looking to invest or live in one of these charming units, the future holds great promise.
Situated in Saco, this property enjoys proximity to Maine's stunning coastline. You're just minutes away from Saco's scenic beaches and the lively Old Orchard Beach, offering sandy shores and endless entertainment. The city of Saco itself is a growing, vibrant community known for its small-town charm and easy access to amenities such as restaurants, shopping, and outdoor recreation. It's the perfect blend of coastal living with the convenience of city life.
Don't miss this chance to own a piece of Saco's history with promising potential for the future!
Location
State ME
County York
Zoning HDR
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Interior Features One-Floor Living, Storage
Heating Hot Water, Baseboard
Cooling None
Flooring Wood, Vinyl
Fireplaces Number 2
Fireplace Yes
Laundry Washer Hookup
Basement Type Full,Interior Entry,Unfinished
Exterior
Garage 5 - 10 Spaces, Paved, Off Street
Waterfront No
View Y/N No
Roof Type Flat,Pitched
Street Surface Paved
Porch Deck, Porch
Parking Type 5 - 10 Spaces, Paved, Off Street
Garage No
Building
Lot Description Corner Lot, Level, Open Lot, Sidewalks, Near Turnpike/Interstate, Near Town, Neighborhood
Story 3
Foundation Granite
Sewer Public Sewer
Water Public
Architectural Style Multi-Level, New Englander
Structure Type Shingle Siding,Clapboard,Wood Frame
Others
Energy Description Oil
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Louden Dennis
Sales Associate | License ID: SA926657
Sales Associate License ID: SA926657